Govt Using Stabilization and Heritage Funds to Invest in the Energy Sector — Hon. Vincent Ekow Assafuah
By: Lorretta Amissah || 26 November 2025
In a phone interview, Hon. Vincent Ekow Assafuah, Member of Parliament for Old Tafo in the Ashanti Region, emphasized that the Stabilization Fund plays a crucial role in helping government manage revenue from natural resources such as oil and gas. According to him, the fund protects the economy from sudden fluctuations in resource prices. By channeling part of this fund into energy-sector projects, government can sustain steady development, create jobs, and ensure reliable energy supply for households and businesses.
Hon. Assafuah further explained that the Heritage Fund is designed to safeguard Ghana’s wealth for future generations. Investing portions of this fund in the energy sector ensures that income from today’s natural resources contributes to long-term national development while preserving the fund’s ability to support future projects.
He added that combining the Stabilization and Heritage Fund resources provides a balanced and strategic approach to expanding Ghana’s energy sector. Returns from these investments, he noted, can help construct new power plants, improve energy infrastructure, attract private investment, and strengthen the economy’s resilience against global resource price volatility.
